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Valley National Advisers increased its NVIDIA stock holdings by 5.9%, signaling growing institutional interest.
Valley National Advisers Inc. increased its stock in NVIDIA by 5.9%, now owning 27,681 shares, valued at $3,716,000.
Other firms also boosted their stakes, indicating growing interest.
NVIDIA's stock is 65.27% owned by institutional investors, and recent analyst ratings suggest a "Moderate Buy," with an average price target of $169.62.
The company reported stronger-than-expected earnings of $0.89 per share for the latest quarter.
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Valley National Advisers aumentó sus acciones de NVIDIA en un 5,9%, lo que indica un creciente interés institucional.